Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry worldwide. The company's solutions include digital printing systems, ink and other consumables, associated software, and value-added services. Its products and services include direct-to-garment printing systems from smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and maintenance and support, and professional services. The company serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh HaAyin, Israel.
IPO Year: 2015
Exchange: NASDAQ
Website: kornit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/6/2025 | $15.00 | Overweight → Equal-Weight | Morgan Stanley |
| 4/8/2025 | $34.00 → $28.00 | Buy | Needham |
| 11/26/2024 | $39.00 | Overweight | Cantor Fitzgerald |
| 11/9/2023 | $23.00 | Hold → Buy | Craig Hallum |
| 8/10/2023 | $29.00 | Equal-Weight → Overweight | Morgan Stanley |
| 2/16/2023 | $34.00 → $28.00 | Overweight → Equal Weight | Barclays |
| 1/18/2023 | $27.00 | Equal-Weight | Morgan Stanley |
| 7/6/2022 | $54.00 → $26.00 | Buy → Hold | Craig Hallum |
| 7/6/2022 | $100.00 → $50.00 | Buy → Hold | Stifel |
| 12/23/2021 | $202.00 | Buy | Needham |
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Morgan Stanley downgraded Kornit Digital from Overweight to Equal-Weight and set a new price target of $15.00
Needham reiterated coverage of Kornit Digital with a rating of Buy and set a new price target of $28.00 from $34.00 previously
Cantor Fitzgerald initiated coverage of Kornit Digital with a rating of Overweight and set a new price target of $39.00
Craig Hallum upgraded Kornit Digital from Hold to Buy and set a new price target of $23.00
Morgan Stanley upgraded Kornit Digital from Equal-Weight to Overweight and set a new price target of $29.00
Barclays downgraded Kornit Digital from Overweight to Equal Weight and set a new price target of $28.00 from $34.00 previously
Morgan Stanley initiated coverage of Kornit Digital with a rating of Equal-Weight and set a new price target of $27.00
Craig Hallum downgraded Kornit Digital from Buy to Hold and set a new price target of $26.00 from $54.00 previously
Stifel downgraded Kornit Digital from Buy to Hold and set a new price target of $50.00 from $100.00 previously
Needham reiterated coverage of Kornit Digital with a rating of Buy and set a new price target of $202.00
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6-K - Kornit Digital Ltd. (0001625791) (Filer)
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Revenue of $53.1 million, up 5% year over year, above the midpoint of guidancePositive adjusted EBITDA of $1.1 million or 2% adjusted EBITDA marginContinued to generate cash from operationsExpansion of Apollo and Atlas MAX PLUS installations, driving growth in bulk apparel productionAnnual recurring revenue from AIC grew to $21.5 million in Q3 and $23.1 million to date, reflecting continued adoption of Kornit's usage-based revenue model ROSH-HA`AYIN, Israel, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand digital fashion and textile production, today announced financial results for the third quarter
SINGAPORE, Oct. 27, 2025 (GLOBE NEWSWIRE) -- ITMA Asia + CITME Singapore 2025 -- Kornit Digital Ltd. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced a major industry milestone: the commercial launch of its groundbreaking digital footwear solution for sports and athleisure markets. After two years of intensive development and close collaboration with leading global brands, together with its customers, the company is unveiling its complete footwear solution at ITMA Asia + CITME Singapore 2025, marking a turning point for digital production in footwear. For the first time, Kornit techno
SINGAPORE, Oct. 27, 2025 (GLOBE NEWSWIRE) -- ITMA Asia + CITME Singapore 2025 -- Kornit Digital Ltd. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced it will take center stage at ITMA Asia + CITME Singapore 2025, showcasing how digital is now transforming the core of apparel and footwear manufacturing. From October 28 – 31, Kornit will unveil three major innovations shaping the future of the industry: its new digital footwear solution, introduction of the All-Inclusive Click (AIC) business model to the Asian market, and demonstration of how its MAX and Apollo technologies are replac
ROSH-HA`AYIN, Israel, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the third quarter ended September 30, 2025 on Wednesday, November 5th, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, November 5, 2025 at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Investors" section.
Snuggle expands its fleet to 9 Kornit Digital printing systems to produce more than 24,000 pieces daily, more than quadrupling its production capacity since 2017The Atlas MAX platform enables Snuggle to deliver consistently superior graphic detail and retail quality attracting new clients across the UK ROSH-HA`AYIN, Israel, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, announced today UK-based Snuggle has expanded its investment in the Kornit Atlas MAX PLUS direct-to-garment platform to meet increasing customer demand and maintain its excepti
ROSH-HA`AYIN, Israel, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, announced today that Printeez, Inc. is the latest custom apparel leader to transition production volumes from screen printing to high-quality, on-demand digital production with Kornit Atlas MAX POLY systems. Printeez, headquartered in Quebec, service brands, creators, franchises, and sports teams across North America. Specializing in polyester and blended blanks, the company delivers vibrant apparel for professional sports, nonprofits, and top eCommerce sites without minimum or
Former public company CEO brings deep capital markets, strategic, and operational experience Sunbit, the company building financial technology for real life, today announced the appointment of Shai Terem as Chief Financial Officer. Terem brings more than 15 years of executive leadership spanning growth strategy, financial operations, and capital markets, which will be instrumental as Sunbit continues to scale its platform and prepares for its next phase of growth and maturity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250916917600/en/Sunbit CFO Shai Terem Terem most recently served as President and CEO of Markforged (NYSE
Promos Ink, a leading screen and embroidery decorator, adds the Kornit Apollo to its multiple Atlas MAX PLUS platforms to create more agility in its production capabilityTransitions production from screen printing systems to on-demand, digital mass-production – streamlining costs, powering fast customer delivery, while continuing to meet the highest quality standards and evolving customer demandBy partnering with Kornit, Promos Ink further expands its on-demand offering, enabling them to accept any job at any run-length ROSH-HA`AYIN, Israel, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand digital
US-based printed textile producer for top online stores makes fast, quality, custom apparel possible using three Kornit on-demand print production solutionsKornit Apollo and Atlas MAX PLUS systems form foundation of the Printdash business, accelerating its reputation as top custom decorator for online apparel, powering the company's integrations with some of the biggest names in the online world. ROSH-HA`AYIN, Israel, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand digital fashion and textile production solutions, announced today that Printdash – a Texas-based custom garment and fabric producer f
Second quarter revenues of $49.8 million, in line with previous guidanceSecond quarter GAAP net loss of $7.5 million; non-GAAP net income of $1.2 millionContinued to generate cash from operationsReported annual recurring revenue from AIC contracts of $18.9 million, reflecting continued adoption of this new model, particularly from screen-printing customers. ROSH-HA`AYIN, Israel, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported results for the second quarter ended June 30, 2025. "We delivered second quarter results within our guidan
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Revenue of $53.1 million, up 5% year over year, above the midpoint of guidancePositive adjusted EBITDA of $1.1 million or 2% adjusted EBITDA marginContinued to generate cash from operationsExpansion of Apollo and Atlas MAX PLUS installations, driving growth in bulk apparel productionAnnual recurring revenue from AIC grew to $21.5 million in Q3 and $23.1 million to date, reflecting continued adoption of Kornit's usage-based revenue model ROSH-HA`AYIN, Israel, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand digital fashion and textile production, today announced financial results for the third quarter
ROSH-HA`AYIN, Israel, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the third quarter ended September 30, 2025 on Wednesday, November 5th, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, November 5, 2025 at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Investors" section.
Second quarter revenues of $49.8 million, in line with previous guidanceSecond quarter GAAP net loss of $7.5 million; non-GAAP net income of $1.2 millionContinued to generate cash from operationsReported annual recurring revenue from AIC contracts of $18.9 million, reflecting continued adoption of this new model, particularly from screen-printing customers. ROSH-HA`AYIN, Israel, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported results for the second quarter ended June 30, 2025. "We delivered second quarter results within our guidan
ROSH-HA`AYIN, Israel, July 23, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the second quarter ended June 30, 2025 on Wednesday, August 6, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, August 6, 2025 at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Investors" section. The dial-in infor
First quarter revenues of $46.5 million, in line with previous guidanceFirst quarter GAAP net loss of $5.1 million; non-GAAP net income of $0.6 millionContinued to generate cash from operations, demonstrating disciplined executionReported annual recurring revenue from AIC contracts of $14.5 million, reflecting strong initial adoption of this new business model ROSH-HA`AYIN, Israel, May 14, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported results for the first quarter ended March 31, 2025. "We delivered to our commitments in
ROSH-HA`AYIN, Israel, April 23, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, May 14, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, May 14, 2025 at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Investors" section. The dial-in informat
Fourth quarter revenues of $60.7 million, in line with previous guidanceFourth quarter GAAP net income of $2.2 million; non-GAAP net income of $8.7 millionSuccessfully delivered positive EBITDA and strong cash flow from operating activities in both Q4 and for the full year 2024Breakthrough innovations and continued momentum across our markets set the stage for profitable growth in 2025 ROSH-HA`AYIN, Israel, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported its results for the fourth quarter and full year
ROSH-HA`AYIN, Israel, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the fourth quarter and full year ended December 31, 2024, on Wednesday, February 12, 2025, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, February 12th at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Inves
Third quarter revenues of $50.7 million, in line with previous guidanceThird quarter GAAP net loss of $0.9 million; non-GAAP net income of $5.5 millionContinued positive cash generation from operationsSignificant year-over-year improvement in non-GAAP gross margin and return to adjusted EBITDA profitabilityIndustry-leading platforms, Apollo and Atlas MAX, continue to gain adoption among screen-replacement customers, driven by the new AIC model ROSH-HA`AYIN, Israel, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported results for t
ROSH-HA`AYIN, Israel, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand digital fashion and textile production technologies, announced today that it will release its financial results for the third quarter ended September 30, 2024 on Wednesday, November 6, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, November 6 at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Investors" section. The dial-in inform
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Live Leadership Updates
Former public company CEO brings deep capital markets, strategic, and operational experience Sunbit, the company building financial technology for real life, today announced the appointment of Shai Terem as Chief Financial Officer. Terem brings more than 15 years of executive leadership spanning growth strategy, financial operations, and capital markets, which will be instrumental as Sunbit continues to scale its platform and prepares for its next phase of growth and maturity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250916917600/en/Sunbit CFO Shai Terem Terem most recently served as President and CEO of Markforged (NYSE
SolarEdge Technologies, Inc. ("SolarEdge" or the "Company") (NASDAQ:SEDG), a global leader in smart energy technology, today announced the appointment of Mr. Shuki Nir as the Company's new Chief Executive Officer (CEO), effective immediately. Mr. Nir, who has served as SolarEdge's CMO since June 2024, will succeed Mr. Ronen Faier, who has served as the Company's Interim CEO since August 2024. Mr. Faier will stay on with the Company as an advisor during a transition period to ensure a seamless leadership transition. Mr. Nir is also replacing Mr. Zvi Lando as a member of the Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/n
ROSH HA'AYN, Israel & ENGLEWOOD, N.J., June 30, 2021 (GLOBE NEWSWIRE) -- Kornit Digital ("Kornit" or "the Company") (NASDAQ:KRNT), a worldwide market leader in digital textile printing technology, announced today that Andrew G. Backman has been appointed to the newly created position of Global Head of Investor Relations, effective June 30, 2021. Mr. Backman, who will be based at the Company's U.S. Headquarters in Englewood, New Jersey, is a global investor relations executive with 20+ years of experience leading investor relations teams for high-profile growth companies and will be responsible for managing and further expanding the Company's investor relations platform across the Amer